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Facebook To Stream Official Music Videos From Next Month, In A Challenge To YouTube: Report
Wednesday, July 15, 2020 - 4:41am | 507Read More...Facebook Inc (NASDAQ: FB) is reportedly set to introduce officially licensed music videos on its social networking platform in the United States, posing a potential challenge to Alphabet Inc’s (NASDAQ: GOOGL) (NASDAQ: GOOG) video streaming subsidiary YouTube LLC. What Happened The San...
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Citron Research Makes The Case For Apple Acquiring Sonos: 'Undisputed Leader'
Monday, June 22, 2020 - 12:30pm | 565Read More...The case for Apple Inc. (NASDAQ: AAPL) acquiring smart speaker maker Sonos Inc (NASDAQ: SONOS) is simple: "home is the new sanctuary," according to Citron Research's Andrew Left. Shades Of Apple: The most recent homebuilder sentiment data showed the largest monthly surge in history,...
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Warner Music CEO On IPO: Music Is The 'Only Global Language'
Wednesday, June 3, 2020 - 3:47pm | 478Read More...Warner Music Group Corp. priced its 77-million-share IPO at $25 per share, and the stock opened higher Wednesday at $27. As a company returning to the public markets, investors have plenty to ask about Warner, and CEO Stephen Cooper was a guest on CNBC's "Squawk on the Street"...
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Little Richard, Flamboyant Rock Pioneer, Dies At 87: 'The True Spirit Of Rock 'N' Roll'
Saturday, May 9, 2020 - 5:19pm | 768Read More...Little Richard, who helped shape rock ‘n’ roll as we know it when he burst into popular music in the late 1950s with songs like “Tutti Frutti,” “Good Golly Miss Molly,” “Long Tall Sally” and his flamboyant showmanship, died at 87 on Saturday of bone...
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Coronavirus Won't Let The Show Go On: Health Expert Says Large-Scale Gatherings Unrealistic Until 2021
Monday, April 13, 2020 - 11:31am | 318Read More...The coronavirus pandemic has brought industries come to a standstill, and one health expert says large gatherings such as conferences, concerts and sporting events may not return to normal until fall 2021, according to The New York Times Magazine. “Restarting the economy has to...
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Sirius XM Invests $75M In SoundCloud
Tuesday, February 11, 2020 - 9:20am | 250Read More...SiriusXM Holdings Inc. (NASDAQ: SIRI) announced on Tuesday it has invested $75 million in SoundCloud. SoundCloud already has a relationship with Pandora, which SiriusXM bought in 2019. This latest agreement will enable advertisers and brands to purchase SoundCloud's U.S. ad inventory directly...
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The Latest On A$AP Rocky: Guilty But No Prison Sentence
Wednesday, August 14, 2019 - 3:15pm | 470Read More...American rapper Rakim Mayers, known to his fans as A$AP Rocky, will face no more prison time in Sweden despite receiving a guilty verdict, The Washington Post reported. What Happened Mayers was arrested in Sweden in late June after being accused of throwing a man to the ground while visiting the...
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Come Together: China's Tencent Negotiating For Stake In Beatles Catalog Owner Universal Music
Tuesday, August 6, 2019 - 11:09am | 387Read More...Chinese entertainment conglomerate Tencent Holdings (OTC: TCEHY) is attempting to take a stake in Universal Music Group, the record label giant that owns the rights to artists such as The Beatles, Ariana Grande, Queen and Drake. What Happened Tencent is looking to buy a 10% stake in...
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Spotify Closes In On 200M Monthly User Milestone, Despite Apple, Amazon Threats
Tuesday, November 6, 2018 - 12:08pm | 440Read More...Music streaming service Spotify Technology SA (NYSE: SPOT) is approaching a key milestone. The Stockholm, Sweden-based company was founded in 2006, and the music streaming service was first publicly released in Oct. 2008. In the U.S., the service was launched in July 2011. What...
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Wedbush: Pandora Investor Reaction Suggests 'Sirius' Problem With M&A Deal
Tuesday, September 25, 2018 - 12:19pm | 712Read More...In a move that may be confusing to some investors, shares of Pandora Media Inc (NYSE: P) closed Monday down by more than 1 percent at $8.98 despite a firm acquisition offer from Sirius XM Holdings Inc (NASDAQ: SIRI) at an implied price of $10.14 per share. There may be some logic behind the...
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5 Most Expensive Vinyl Records Ever Sold
Thursday, August 9, 2018 - 1:28pm | 410Read More...Vinyl records are making a comeback among the youngest generation of music listeners, and the hobby of collecting classic records isn’t as cheap as it may seem. Listeners may still be able to find 50-cent records in the bargain bin of a local thrift store or at the yard sale down the street,...
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For Spotify's Stock, Raymond James Says 'Stream On'
Friday, May 18, 2018 - 1:52pm | 359Read More...Streaming music provider Spotify Technology SA (NYSE: SPOT) is not only well positioned to double its subscriber base, but expand its gross margins and generate notable free cash flow. The Analyst Raymond James' Justin Patterson initiated coverage of Spotify with a Strong Buy rating and...
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Why YouTube Is Focused On Music Streaming
Friday, May 18, 2018 - 10:46am | 597Read More...Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG)'s push into the streaming music space with the announcement of a revamped YouTube Music offering could result in a notable uptick in user monetization, according to Morgan Stanley. The Analyst Morgan Stanley's Brian Nowak maintains an Overweight...
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Spotify's First Earnings Report On Wall Street: The Sell-Side Reacts
Thursday, May 3, 2018 - 5:04pm | 763Read More...Spotify Technology SA (NYSE: SPOT) reported its first earnings as a public company Wednesday afternoon. Here what the Street is saying after the print. The Analysts Morgan Stanley's Benjamin Swinburne maintains an Overweight on Spotify's stock with an...
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A Spotify Sell-Side Roundup: Wall Street Largely Bullish On Streaming Platform's Stock
Wednesday, May 2, 2018 - 1:14pm | 753Read More...The quiet period for streaming music provider Spotify Technology SA (NYSE: SPOT) expired Monday, which means all research firms are permitted to publish reports on the stock. Here's what the Street is saying. The Analysts Evercore ISI's Anthony DiClemente initiated...
















